6901 River RdMarine CityMI48039
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Marine City at 6901 River Rd, Marine City, MI, 48039 generates $2,950/mo in rent, after a $4,694/mo payment. Total monthly income is $2,950/mo. Return on cash invested sits at 7.23% in year one, and rental yield is 3.69% on a $959,000 entry. Equity gained on principal adds $6,188/yr, while 5% annual appreciation builds toward $264,954 over five years. Five-year ROI reaches 35.33% and total cumulative return in cash sums $111,475. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,950/mo property income rather than buyer’s personal income.
Single Family
Built in 1991
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48039, Marine City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,561 (100%) |
| Owner Occupied HU | 2,639 (74.1%) |
| Renter Occupied HU | 621 (17.4%) |
| Vacant Housing Units | 301 ( 8.5%) |
| Median Home Value | $239,461 |
| Average Home Value | $262,176 |
Housing Distribution
Address Breakdown
Residential
3,410
Single Family
3,266
Multi-Family
144
Businesses
292
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Wynne E Achatz • Real Estate One Westrick-Marine City
Mls Name: MiRealSource
Mls ID: #50191972